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Frequently Asked Questions
Who do you serve?
A. We provide services to individuals, small businesses, partnerships, and larger corporations and businesses. We also provide services to US citizens or permanent residents working overseas.
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Do I have to visit your office to have my taxes prepared?
A. It is not always necessary to visit our office. Most returns can be processed via fax or email without a face-to-face meeting at our office. We will call or contact our clients by email if we have any questions. For new clients, we strongly recommend meeting face to face so we can discuss your tax situation and the initial consultation is absolutely free! We have some clients outside of the San Francisco bay area. We also have some clients who are U.S. citizens or permanent residents working overseas.
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How do you charge for your services and how does your cost compare to other tax preparation firms?
A. Fees vary based upon the work being performed. For tax preparation the rate is based on the type, forms being prepared.
We offer a free hour consultation for new clients. The consultation is to gather information about you and your business, while you find out more about us. You may use the time to get answers to the questions you have at that time. We request that you bring any of information or documentation (e.g. last two years tax returns.) relating to your questions.
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I want to start a new business. Can you tell me which type of business I should form?
A. Yes. When setting up a new business, it is crucial to set up the right type of business, such as corporation, S corporation, limited liability company, limited liability partnership, partnership, sole proprietorship, etc. We will help you form the right type of business based on your unique situation with consideration given to liability issue and tax advantages.
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What do I need to do to start a new business?
A. There are many different kinds of companies and we can help you select the best one for the kind of entity that you will be setting up. As a full service tax and business consultation firm we will continue to help you with bookkeeping, payroll, tax returns, and other consultation services to whatever degree you need. We have a promotion program to give our start up client a 10% discount for bookkeeping/payroll and tax services in the first year!
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How are Limited Liability Companies (LLCs) taxed?
A. A single-owner LLC defaults to being taxed as a sole proprietorship. Income/loss from the LLC is reported on the owner’s personal income tax return. A multi-member LLC defaults to being taxed as a Partnership. A Partnership tax return must be filed. The profit or loss is then reported on the owners’ personal tax returns. Any LLC can elect to be taxed as a corporation. To do so, one must file an election within 75 days of creating the LLC.
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How do I know when certain taxes are due?
A. You can give us a call or check out the our
Tax Due Date Calendar on this website.
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I prepare my own tax return, why use your services?
A. To answer the following questions: Did I take all the deductions to which I’m entitled? Did I take the available tax credits? Did I go to a tax course in the past 12 months? We find that many self-prepared returns have errors and/or are lacking in all the deductions that can be taken
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